Real estate blog entries tagged with housing market by Brian Papaccio (Wells Fargo Home Loans)

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Home : Blogs : Brian Papaccio : Brian Papaccio's Blog : Tag "housing market"

housing market: FHA vs Subprime: default and foreclosure rates - 03/16/07 09:25 AM

The mortgage industry has been self regulating and making guidelines for SubPrime lending stricter for at least the past 6 months. Now with the pending "implosion" of the subprime market, congress is looking at other ways to further regulate the lending practices and guidelines for "risky, higher-interest home loans made to people with blemished credit records"
Tougher rules eyed for high-risk home loans Delaware News Journal
The article above also has some interesting data for the default rates on loans held by various types of lenders including Prime loans, SubPirme loans, FHA, and VA. SURPRISE! While the news is concentrating on the subprime market, … (11 comments)

housing market: Not the Bubble Burst you were Expecting - 03/06/07 08:56 AM

For the past couple years, the media, and financial forecasters have been predicting that a housing bubble would be bursting soon. As it turns out in most areas the housing market didn't come crashing down as expected, but rather is softening up. Most areas while still seeing home prices increase, they are not the double digit increases of the past couple years. Homes are staying on the market longer and inventory is up. In spite of those market changes homes are still selling.
It seems that the bubble that is bursting is not the one everyone expected, it is the Secondary … (1 comments)

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Brian Papaccio

Newark, DE

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Wells Fargo Home Loans

Address: 111 Continental Dr., Suite 102, Newark, DE, 19713

Office Phone: (302) 451-4235

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